Dirty Business Ph is a telegram based blog about business books.

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Featured books:

Rich Dad Poor Dad, Think and Grow Rich, Art of War, 50th Law, The Alchemist, Increase your financial intelligence. Get smarter with your money, Unmet Needs of Entrepreneurs, Why we want you to be rich, Leaders have no rules, The 80/20 principle;

Al Capone

Alphonse Gabriel “Al” Capone

Al Capone might not have been your typical entrepreneur. After all, he was convicted of tax evasion and was actively involved in prostitution, bribery, and selling illegal booze. But just because his business wasn’t legal doesn’t mean Al Capone didn’t know a thing or two about running a successful operations. In fact, Capone owned more than 300 business and knew how to get things done and command respect and loyalty from his employees.

CREDIT: WWW.BUSINESSNEWSDAILY.COM

Joaquín "El Chapo" Guzmán

Joaquín Archivaldo Guzmán Loera

GUZMÁN, WHO IS BETTER KNOWN AS ‘EL CHAPO’ (WHICH IS A SPANISH SLANG FOR ‘SHORTY’), IS ONE OF THE WEALTHIEST AND MOST POWERFUL DRUG KINGPINS IN THE WORLD. IN 2009, FORBES ESTIMATED THAT THE DRUG LORD’S PERSONAL NET WORTH WAS $1 BILLION, WHILE THE INDEPENDENT, A WELL-ESTABLISHED BRITISH MEDIA HOUSE, NAMED EL CHAPO THE 48TH MOST POWERFUL PERSON ON THE PLANET. ACCORDING TO SOME ESTIMATES, EL CHAPO’S DRUG EMPIRE REALIZES ANNUAL REVENUES IN EXCESS OF $3 BILLION.

Credit: www.investopedia.com

Pablo Emilio Escobar Gaviria

EL PATRON IS NOT ONLY ONE OF THE MOST SUCCESSFUL CRIMINALS OF ALL TIME, BUT HE IS ONE OF THE MOST SUCCESSFUL ENTREPRENEURS IN HISTORY. HE TOOK AN UNDERVALUED PRODUCT TO A NEW MARKET, ESTABLISHED PRODUCTION CONTROLS, SUPPLY CHAIN MANAGEMENT AND DISTRIBUTION AGREEMENTS TO BECAME ONE OF THE WEALTHIEST MEN IN THE WORLD. ALL WHILE BEING REPEATEDLY SHOT AT BY HIS COMPETITORS, THE POLICE AND THE GOVERNMENT.

Credit: www.linkedin.com

Disclaimer: EFR Group will never promote illegal transactions. As part of our advocacy for business literature, we aim to provide such information that is usable for individuals or organizations. Even the people mentioned above are involved with drug trafficking, locked up in prisons and was dead shot by Colombian Army, yet the business that they ran was an undeniable success. Set aside the illegal aspects of their product for a minute and you can appreciate the exceptional rates of market penetration, product/market fit, profitability and growth that they achieved.

Today’s modern business leader can pick up a few tips on strategy by studying big criminal organisations. Vast empires created by criminal masterminds, mostly through the sale of unlawful drugs, needed good business minds to run them. Among the skills needed were: managing risk; innovation; adaptability; specialisation; and influencing.

Author Sarah Bartholomeusz, the founder of the law firm You Legal, has analysed the success of some of the most notorious kingpins of the underworld. Her book, Kingpin: Legal Lessons from the Underworld, dissects the organizational skills they needed to succeed.

Credit:

www.businessinsider.com.au

www.linkedin.com